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$AB Coin has reached a market capitalization of $605.58 million, ranking No. 209 among cryptocurrencies. With a fully diluted market cap of $1.25 billion, AB Coin is gaining attention from investors. However, with the price currently at $0.01255 (-7.52%), traders are wondering—is this a dip before the next rally or a sign of further decline? 📊 Key Market Data: ✅ Price: $0.01255 (-7.52%) ✅ 24H High: $0.0139 | 24H Low: $0.01206 ✅ 24H Trading Volume: 684.76M AB ✅ Market Share: 0.02% ✅ Circulating Supply: 47.51B AB ✅ Total Supply: 98.82B AB ✅ All-Time High: $0.01654 (April 2019) ✅ All-Time Low: $0.00002173 (August 2024) 📈 AB Coin's Market Outlook Despite the price drop, AB Coin has seen strong trading activity. The 24-hour trading volume is 684.76 million AB, showing high liquidity. However, the fund flow analysis suggests a slight sell pressure, with large order buys at 47.37% and large order sells at 48.77%. The net outflow of -143.86K AB indicates some investors are taking profits. 💡 Will AB Coin Rebound? Several factors could influence AB Coin’s price movement: 1️⃣ Market Sentiment: If bullish momentum returns, AB Coin could aim for its previous all-time high of $0.01654. 2️⃣ Adoption & Partnerships: Increased use cases or exchange listings could drive demand. 3️⃣ Technical Analysis: Moving averages suggest a bearish trend, but if buy volume increases, AB Coin could break resistance levels. 🔥 What’s Next? Will AB Coin recover and reach new highs, or will the downtrend continue? Comment your predictions below! 🚀

The White House Crypto Summit, an event aiming to shape cryptocurrency policy in America, will occur this Friday, March 7. It will give the president and his crypto advisory group direct contact with key people in the crypto community. The summit is in line with Trump’s executive order which aims to “support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy”. Trump aims to make America the crypto capital of the world, further embracing his crypto project, including many of his family members such as Eric Trump, who attended Bitcoin Mena 2024 in Abu Dhabi. The summit will be an opportunity for Trump to promote his own approach to innovation. He will remind the audience that the previous administration stifled crypto projects, introducing regulation that not only limited the crypto industry but further limited American innovation on the world stage. Trump has described the Biden administration as waging a war on crypto. In the first months of the new presidency, Trump established a working group for digital currencies, providing a platform for proposing regulatory frameworks. One of the main things that people in the crypto industry wanted from Trump was regulatory clarity so that the rules were clear and easy to abide by. Trump gave David Sacks, a cryptocurrency advocate, the job as leader of the new working group. “They just want to know what the rules of the road are”, said David Sacks, “so they can abide by them. We’re coming off frankly four years of arbitrary prosecution and persecution of crypto companies where the SEC wouldn’t tell founders what the rules were and then they would prosecute them”. Sacks recounts how many industry leaders were “debunked personally just because they had founded a crypto company.” He is looking forward to the crypto summit so that he can work with politicians and entrepreneurs to ” create a golden age for digital assets.” Needless to say, regulation will be a key focus of the crypto summit. Sacks will focus on forward-thinking regulation for stable coins and other digital assets. The White House Crypto Summit is rumoured to replace the previously named Crypto Advisory Council. The focus is expected to be more on cross-agency regulation, with added input from the private sector. The Bitcoin Strategic Reserve, the addition of Bitcoin to America’s gold reserves, may also feature prominently in the summit, having received extensive media coverage leading up to it. The summit will be succeeded by many new summits in the future, each focused on a separate piece of regulation and bringing in the appropriate crypto leaders when they have expertise on that regulation. The White House summit comes just days after Circle co-founder Jeremy Allaire stated that customers would be required to register with U.S. authorities. Circle is the company behind the world’s second-largest cryptocurrency. Allaire argued that stable coin providers should abide by the law and provide necessary consumer protections so that they do not ignore U.S. law and do whatever they want with crypto. “Whether you are an offshore company”, said Allaire, “or based in Hong Kong, if you want to offer your US dollar stablecoin in the US, you should need to register in the US just like we have to go register everywhere else.” The upcoming summit, focusing on regulation, may clarify how legislation will affect stable coins. David Sacks, head of the new group for working with digital currencies, has stated that stable coins could be used to spread the dominance of the U.S. dollar worldwide. Trump, who once described crypto as a scam, campaigned to stockpile Bitcoin reserves, regulate stablecoins, promote friendly crypto leaders, and create reasonable regulations that promote innovation rather than stifle American industries. Crypto leaders responded by funding Trump’s inaugural committee on cryptocurrencies with millions of dollars. This new approach offers a very large departure from the previous administration, which had a very hostile take on cryptocurrencies. Having dealt with the FTX exchange and many other crises that gave crypto a bad reputation, Trump has introduced his own meme coin, and his family members have helped create a crypto project called World Liberty Financial.

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President Donald Trump’s Sunday crypto reserve announcement has drawn some notable criticism from notable leaders within the crypto and tech industry, who made up his supporters during the presidential campaigns. According to a post on social media platform X by Brian Armstrong, the richest American within the crypto space with a net worth of $9.6 billion and a strong supporter of Donald Trump, only Bitcoin deserved a spot in the strategic crypto reserve as a potential “successor to gold” for the government. Backlash from Crypto Supporters US President Donald Trump revealed on March 2, 2025, through an executive order that he had told his administration to begin creating a national crypto reserve to solidify the country’s leadership within the crypto space. According to the President’s statement, the crypto reserve would include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Some of Donald Trump’s tech allies have reacted negatively to including altcoins since most expected the strategic crypto reserve to focus on Bitcoin alone. According to critics, the inclusion of altcoins would complicate the crypto reserve initiative and cause unintended market biases. Including Altcoins Raises Concerns The Head of Alpha Strategies at Bitwise, Jeff Park, is critical of the decision and has called it a grave political miscalculation, warning that including altcoins could raise concerns about Trump’s administration’s favoritism, whether the selection was made objectively or not. Park stated: “[The] big problem here is optics. When you include altcoins whose use case is too nascent to be deemed ‘nationally strategic,’ you risk the assumption of inside dealing even if it were patently false. This is politically negative, even among a subset of crypto enthusiasts.” Another harsh criticism came from Joe Lonsdale, an unabashed supporter of Donald Trump, the billionaire co-founder of AI-focused defense contractor Palantir. In his reply to Trump’s post, he stated: “It should be kept to a minimum. It’s wrong to steal my money for grift on the left; it’s also wrong to tax me for crypto bro schemes.” To the Defense of Trump Coming to the defense of Donald following the skepticism associated with including altcoins in the crypto reserve was venture capitalist Davis Sacks, who has been tapped to become the White House artificial intelligence and crypto czar. Sacks specifically took exception to Lonsdale’s comment, saying it was premature for anyone to jump to conclusions. It should be noted that Lonsdale and Sacks belong to the same conversation circle within the tech world, with other prominent members being Peter Thiel and Elon Musk. Sacks stated on X: “Nobody announced a tax or a spending program […] maybe you should wait to find out what’s being proposed.” Winklevoss Roots for Bitcoin Another Trump supporter who joined the Monday chorus of criticisms is Bitcoin investor Tyler Winklevoss. Last November, the Gemini exchange CEO asked Americans to vote for Trump if they cared about “the future of crypto, free speech, justice, liberty, and democracy.” However, commenting on the inclusion of altcoins, he stated: “I have nothing against XRP, SOL, or ADA, but I do not think they are suitable for a Strategic Reserve […] only one digital asset in the world right now meets the bar, and that digital asset is bitcoin.” Conclusion The reactions that have followed the inclusion of altcoins in the proposed crypto reserve come only a few weeks into Trump’s administration, showing how fast statements can activate the outrage machine. It would be interesting to see how the White House Summit scheduled for Friday in the White House will go, considering that investors are eagerly awaiting the outcome. Frequently Asked Questions (FAQs) What is Trump’s crypto reserve? On Sunday, the US President announced on his Truth Social platform that the federal government would establish a reserve by stockpiling five tokens. What coins are in the crypto reserve? Trump revealed that the “Crypto Strategic Reserve” will include Bitcoin, Ethereum, XRP, Solana, and Cardano. How would a reserve benefit the crypto industry? Supporters believe the reserve could legitimize crypto as a diversification strategy as the industry tries to solidify its standing in traditional market structures. Does Trump have the authority to create a crypto reserve? The President does not necessarily have the authority to modify the federal budget via an executive order. Appendix: Glossary to Key Terms Executive order: A rule or order issued by the President to an executive branch of the government and having the force of law Crypto reserve: A national stockpile of digital assets created under a federal regulatory framework on Digital Asset Markets Bitcoin: A digital currency that operates free of any central control or the oversight of banks or governments Altcoin: A cryptocurrency that is not Bitcoin References News Bitcoin The Hill

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